I love how corporate behavior is all “free market! competition creates better value for the customer!” Then they keep increasing their prices steadily and when that price becomes too much for the consumer they complain about not having any sales anymore and need to increase prices even more to cover lost profits… instead of doing the free market thing which is… ya know… lowering their prices to stay competitive.
I love how corporate behavior is all “free market! competition creates better value for the customer!” Then they keep increasing their prices steadily and when that price becomes too much for the consumer they complain about not having any sales anymore and need to increase prices even more to cover lost profits… instead of doing the free market thing which is… ya know… lowering their prices to stay competitive.
Corporates: [watching the free market undervalue labor less than usual] nobody wants to work anymore!
Nobody wants to be slaves!
I’d just like to add that a truly “free market” is not conducive to competition long-term